August 2022
01Aug

The Fiscal Oversight Board is optimistic about the new operational budget of Puerto Rico

Although the operational budget approved by the Fiscal Oversight Board (JSF) is less than that endorsed at the last minute by the Legislature, The funds allocated for the fiscal year that is just beginning will not leave the municipalities in a precarious situation, they place emphasis on key agency projects, such as the Education deparmentand allow to resume permanent workit transpired yesterday in a brief public meeting of the organism. In the conclave, the officials of the Board, who now...

August 1, 2022
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July 2022
29Jul

México. Exhibe AMLO pensiones de exmandatarios

El presidente de México, Andrés Manuel López Obrador, aseguró este jueves que la pensión que Felipe Calderón Hinojosa recibía como exmandatario federal era una de las más altas del mundo en comparación con las que recibían otros exmandatarios de diversos países del mismo periodo. Durante la conferencia de prensa matutina, el Ejecutivo federal presentó un informe sobre la cantidad de dinero que el gobierno federal pagaba a los expresidentes de México como pensión. Incluyó a Vicente Fox, Ernesto Zedillo, Carlos...

July 29, 2022
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29Jul

Perú. Pedro Castillo: En 6 meses se presentará la propuesta de la reforma de pensiones

El presidente de la República Pedro Castillo señaló esta mañana que en 6 meses se emitirá un diagnóstico con las propuestas normativas para implementar la reforma de pensiones. “Mediante decreto supremo hemos creado la comisión que en 6 meses emitirá un diagnóstico y las propuestas normativas para realizar las modificaciones necesarias a los regímenes previsionales público y privado con el objetivo de mejorar la situación de nuestros adultos mayores”, precisó Castillo durante su segundo Mensaje a la Nación por 28...

July 29, 2022
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29Jul

U.S. pension promises will go unmet without sweeping reform

This year, anybody receiving an annual statement from America’s mighty social security system might notice a tiny ticking time bomb — if they possess sharp eyes. Tucked into a footnote is a website link that explains that the two funds in this system — called “Disability Insurance” and “Old Age and Survivors Insurance” — have $2.9tn to plug the shortfall between expected payouts and what is gathered each year from payroll taxes. Those trillions sound soothingly big. But they are...

July 29, 2022
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29Jul

Colombia. El ahorro de pensiones a junio llegó a $335,1 billones: Asofondos

El saldo total a corte de junio en lo que tiene que ver con fondos de pensiones obligatorias llegó a la suma de $335,1 billones. Así lo informó Asofondos, el gremio que agrupa los fondos privados de pensiones en Colombia, en el que pese al panorama de volatilidad, el saldo se incrementó 1 % en relación con el mismo periodo de 2021. La agremiación indicó que el ahorro pensional colombiano también ha mostrado en los últimos meses desvalorizaciones propias de una...

July 29, 2022
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29Jul

UK. 16 million workers at risk of not saving adequately for retirement

Around 85 per cent of workers, equal to 16 million people, are not saving at levels likely to deliver an acceptable standard of living in retirement, new research has found, prompting calls for the development of a 'Living Pension Standard'. A report from the Living Wage Foundation and the Resolution Foundation raised concerns over the current levels of saving, explaining that while auto enrolment (AE) improved rates of saving, meeting the Living Pension benchmark requires more than the AE minimum. The...

July 29, 2022
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29Jul

Impact Investing: Measuring Social and Financial Returns

Although the field of impact investing has experienced astounding growth over the past decade, there remain concerns about its ability to generate both outsized financial and social returns. Can investors achieve their desired social or environmental impact without sacrificing their financial goals? What are the differences between ESG, sustainable investing, and impact investing? How do investors evaluate impact? To better understand what an effective impact investing strategy might look like, SSIR publisher Michael Gordon Voss speaks with Juliette Menga,...

July 29, 2022
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29Jul

‘How do you grow an economy without young people?’: What falling birth rates mean

Falling birth rates across nearly all the developed world – and now much of the developing world – have demographers like Paul Morland concerned. While the planet as a whole is projected to be home to 9.8 billion people by 2050 – up from 7.96 billion today – a vast number of countries, from within Europe to South-East Asia to the Americas, are dealing with decades of sub-replacement fertility, which means a total fertility rate (TFR) below the 2.1...

July 29, 2022
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28Jul

Gender Pay Gap Report 2021: Reporting our progress

By Legal and General In 2021, we have once again seen a continued, progressive narrowing of our pay gap, from 26.6% to 24.1%. This progress reflects the focus we have applied over the past year to creating a more diverse workforce and a more inclusive workplace where everyone can succeed. In this report, we share our latest gender pay gap data and update stakeholders on the steps we’re taking to narrow the gap further. Monitoring and reporting the gap over...

July 28, 2022
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28Jul

The 2022 BlackRock Read on Retirement

By BlackRock Retirement savings isn’t always an even playing field, but as an industry we can seek better outcomes. That’s why we’ve reimagined our DC Pulse survey to provide a more accurate “Read on Retirement” and what it means for more and more people. The pandemic caused people to rethink what they need for retirement, and inspired employers to offer more strategies to help employees save for the short and long-term. Yet not everyone has access to a workplace plan, and...

July 28, 2022
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